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This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
It's an open secret that the United States has fallen behind with 5G. China's Huawei is the world's biggest 5G networking equipment supplier at this point, with a 28% global market share. The US, on the other hand, has not only banned Huawei's equipment, but the country has also been unable to scale up 5G base stations on supplies from local companies.
Few manufacturers make components for 5G in the US, and one of these is Skyworks Inc. Skyworks (NASDAQ:SWKS) makes RF modules, antenna tuning switches and power amplifiers, and the company's largest customer is Apple. Skyworks' fourth-quarter earnings are due later this month, and here we take a look at what the analysts expect.
Skyworks Expected To Post Fourth Quarter Earnings-Per-Share Of $1.5 With $825 Million Revenue
The US government's decision to require American companies to get a permit before trading with Huawei hit Skyworks (NASDAQ:SWKS) hard. In its third-quarter 2019 earnings, Skyworks reported $1.35 earnings per share and $144 million net profit. These were down from the $1.64 EPS and $287 net income that the company had reported last year.
Third-quarter revenue also declined by 14% year-over-year to $767 million, and the company fell below analyst estimates in all three of these metrics. At the time, Skyworks expected next quarter revenues to stand between $815 million - $835 million and EPS to come in at $1.50/share.
Now as we head to the company's fourth-quarter earnings, Zacks believes that Skyworks will post $1.50 in EPS and $825.39 million in revenue. The high-end analyst estimates put EPS for Skyworks at $1.52, which is still lower than the $1.92 per share that the company posted a year back. The high-end of revenue analyst estimates for the chipmaker is $828 million, still down from the $1.01 billion Skyworks posted the year back.
So far, no analyst revisions for these estimates have taken place. Price-to-earnings estimate for the stock is 16.1, but multiples including Price-to-Revenue and Price-to-Book (tangible) are stable at 4.8x and 6.0x respectively. While Skyworks (NASDAQ:SWKS) isn't expected to post a stellar quarter next week, the company's fortunes will pick up next year, especially as Apple introduces 5G on the iPhone 12.
Skyworks' also got customers in the automotive, home automation, military and broadband markets as well, and several of these are slated to directly benefit from 5G. According to Mordor Intelligence, the 5G infrastructure market should have a compound annual growth rate of 43% in the years 2018-2024.
Thoughts? Let us know what you think in the comments section below and stay tuned. We'll keep you updated on the latest.
Disclaimer: As of this writing, I do not hold a position in any of the aforementioned securities, and this post should not be constituted as investment advice.


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Transcript for TechBytes: Google, LeBron James
In today's tech -- don't want to lose your car there's an app for that Google's new android update includes a new feature called parking location. It -- your latest target location -- Google is quick to point out that your location data isn't shared with anyone else. Had always wanted some great -- speakers but thought that they were way out of your reach not anymore. -- is out its new studio quality speakers at retail for 150 dollars apiece USA today's and they tested at -- I was pleased with what he. Hurt bottom line here is -- getting really top quality speakers the kind that professionals wouldn't scoff that. And you're getting them at a really good price. And fans thing is giving its customers an exclusive look inside the life of LeBron James. A new -- simply called LeBron will allow galaxy users to follow the Miami Heat star both on and off the court during the playoffs. -- -- tech -- Diana Perez have a great weekend.
This transcript has been automatically generated and may not be 100% accurate.

domain: news


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A higher excise duty imposed by Russian authorities supposedly to combat alcoholism has hit the fourth quarter profits of Danish brewer Carlsberg, the company said in a statement.
Carlsberg enjoys a 40% market share in Russia. Profit after tax was recorded at 301 million Danish Kroner ($55 million, £34 million) in the last three months of 2010, compared to 383 million Danish Kroner recorded over the same period a year earlier.
However, profit for the full year jumped by 50% to 5.4 billion Kroner in 2010 from 3.6 billion Kroner reported a year earlier.
Sales of beer in Eastern Europe fell by 9% in 2010, the company said in a statement. A 200% hike in excise duty in Russia that caused a significant price rise and destocking since 1 January, 2010 – when the hike took place, caused fall in sales in the first quarter.
“For 2011 we believe market dynamics will improve slightly, not least in Eastern Europe where we anticipate the Russian market to return to growth”, said Jorgen Buhl Rasmussen, chief executive of Carlsberg.
Apart from its flagship brand Carlsberg, the company manufactures other brands such as Tuborg, Kronenbourg and San Miguel beers.


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UK: Arcadia losses lead to 3,500 job cuts
The current price deflation across the UK's middle market is said to have contributed to the fall in Arcadia's revenues, whilst Principles for Men has also fallen victim to the rapidly growing trend towards dressed down casualwear. The chain currently trades through a total of 80 standalone shops and about 70 franchises in Arcadia outlets and Debenhams department stores. Principles' shops for women will remain open.
After a couple of months' intensive lobbying and mind-changing in Beijing, Washington and Brussels, we're pretty close to seeing what the regulatory background is going to be for global apparel tradin...
Speakers at this year's ASBCI conference defined the changing landscape of global sourcing and spelt out sourcing options in new world of open trading. They agreed that branding, product differentiati...
The UK middle market in clothing could soon cease to exist according to new research. The traditional mass market is being squeezed by value-led retailers on the one hand and smaller fashion multiples...
Retail group Arcadia said it will upgrade its e-commerce platform with a five-year IBM contract....
Department store chain Debenhams has reported a 123 per cent hike in annual profit and said it is optimistic on future growth....
High-street mogul Philip Green has given himself a record dividend of £1.2 billion after his fashion group Arcadia reported a modest increase in annual profits....
Shares bought in retail group Arcadia by Jon Asgeir Johannesson, chief executive of Icelandic retailer Baugur, are being probed in a fraud case started by Icelandic police....
Department store operator Debenhams is planning to grow its business into India, and is also considering expanding into the Chinese market....
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- EU trade ministers push on TTIP and Canada pacts
- Unravelling cotton's supply and demand challenges
- What does the future hold for world wool supply?
- US retailers urge action on Hanjin Shipping crisis
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- Too Many Standards
- Apparel (GLOBAL) - Industry Report
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Ralph Lauren Corporation : Retailing - Company Profile, SWOT & Financial Analysis
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras


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Web mail users at Yahoo and Hotmail have been hit with the same kind of targeted attacks that were disclosed earlier this week by Google, according to security software vendor Trend Micro.
YouTube has set up a library of videos carrying the Creative Commons license, that creators can easily reuse and incorporate into their work, the Google video sharing service said on Thursday<a href="http://youtube-global.blogspot.com/2011/06/youtube...
A Chinese official today denied accusations that the government was responsible for attacks that accessed hundreds of Google Gmail accounts.
Google has had to remove yet more malware-infected apps offered in its Android Market. As spotted by the Lookout Security Team, 50 applications were infected by a variation of the DroidDream malware that hit in March. Lookout is referring to the new ...
Google is giving Android Market users a new way to evaluate applications even as it struggles to keep malicious ones off the store.
The Android tablet race is about to get a dashing new contender.
Motorola's CEO blamed the open Android app store for performance issues on some phones.
In a rare display of collaboration, Google has joined forces with its search rivals Microsoft and Yahoo in a project intended to improve the Web crawling and indexing of structured data, which often originates in databases and loses its format when c...
IT departments can now build custom applications for Google Apps and integrate them with the cloud-based collaboration and communication suite in the same way that commercial software vendors do.
Google is rolling out its +1 recommend button across third-party web sites, as well as to Google properties, a day after Twitter introduced a "Follow" button for third-party sites.
When former Google CEO Eric Schmidt took the stage at the AllThingsD conference, it was almost guaranteed that he would blurt out something controversial. But Schmidt didn't go over the top -- he did, however, admit that Google "screwed up" on its so...
Net Applications has released the browser market share data for the month of May. It looks like more good news for Chrome, and more bad news for Internet Explorer.
In order to keep a tight leash on future Windows tablets, Microsoft is reportedly asking each chip maker to work with a single computer maker.
When I saw the Computerworld article about Square touting how it is going to replace cash registers with iPads, I was dismayed that there was no discussion of security. And Square's app isn't the only payment app that makes me anxious. While I admit ...
Just as Google releases its +1 button to the Web, many industry watchers are scratching their heads after hearing former CEO Eric Schmidt admit that he missed the boat on social networking.
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According to The Wall Street Journal, RadioShack is still in negotiations with its lenders regarding plans to close up to 1,100 stores across the U.S. The retailer's credit agreements only allow it to close 200 stores without approval of its lenders.
RadioShack is reportedly still planning on closing stores, and it now looking to close just 200 locations. Some landlords have reportedly agreed to lower rents to keep some stores open.
Some lenders may want RadioShack to close as many as 2,000 stores, or almost half of its 4,300 total locations.
Must read: Warren Buffett's 10 Favorite Growth Stocks
TheStreet Ratings team rates RADIOSHACK CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate RADIOSHACK CORP (RSH) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, poor profit margins and weak operating cash flow."


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Messaging service WhatsApp will stop working on millions of phones in the next few months, as the company withdraws support from older devices.
From 1 February, any iPhone running iOS 8 will no longer be supported (and users are already unable to create or verify their accounts on these devices).
On the same date, Android devices running version 2.3.7 or older will have support withdrawn.
From 31 December 31, all Windows phone users will be unable to use Whatsapp.
Facebook, owner of WhatsApp, said in a blog post: “WhatsApp will stop working on millions of phones in the next couple of months as the company withdraws support for some older mobile platforms.
“From February 1, 2020, any iPhone running iOS 8 or older will no longer be supported, along with any Android device running version 2.3.7 or older.
“Users of these operating systems are already unable to create new WhatsApp accounts or re-verify existing accounts.
“Furthermore, WhatsApp is withdrawing support for all Windows phones from December 31, 2019 — the same month that Microsoft ends support of its Windows 10 Mobile OS.”
Facebook bought Instagram in 2012 for $1 billion and WhatsApp in 2014 for $19 billion, and the two form part of the “Facebook family of apps”, alongside the main Facebook app and Messenger.
Earlier this year, Facebook announced plans to integrate its messaging apps more closely, alongside a move towards end-to-end encryption across its services.
At the time, Facebook founder and chief executive Mark Zuckerberg said the plans were part of an effort “to make it easier to reach friends and family across networks”.


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The 2019 Man Booker Prize for Fiction judges have been announced, with book trade heavyweights Peter Florence and Liz Calder on the panel.
Hay Festival director Florence will chair the panel with Bloomsbury co-founder Liz Calder, novelist and filmmaker Xiaolu Guo, writer and broadcaster Afua Hirsch and pianist and composer Joanna MacGregor completing the judges' line-up.
The panel will be looking for the best work of long-form fiction from entries published in the UK between 1st October 2018 and 30th September 2019.
Gaby Wood, literary director of the Booker Prize Foundation, said: “The collective brainpower and creative spirit of this year’s panel is stunning, and the judges’ commitment to high quality literature boundless. I’m looking forward to seeing this varied group in action, and to hearing the ways in which their private reading will become a public act, bringing great books to the notice of others.”
The Man Booker Dozen of 12 or 13 books will be announced in July 2019, with the shortlist of six books to be confirmed in early September. The winner of the £50,000 prize, sponsored by global active investment management firm Man Group, will be announced in October 2019 at an awards ceremony at London’s Guildhall, broadcast live by the BBC.
The 2018 prize went to Anna Burns for Milkman (Faber & Faber) posted the single highest week of sales for any Booker winner in the Nielsen BookScan era directly following its win selling nearly 19,000 copies in the week following the winner announcement.
To hear the most up-to-date news on the prize, listen to the Man Booker Prize Podcast series, learn more about the prize’s history, and share your thoughts online, visit the Man Booker Prize website.
The Man Booker Prize 2019 judges (© Clara Molden)


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SBI Ripple Asia, a joint venture between SBI Holdings and Ripple, has introduced Cambodia’s first international remittance service that uses blockchain rails.
- After testing with SBI LY HOUR Bank, a subsidiary of Japan-based SBI Holdings, the initiative was approved by the National Bank of Cambodia, according to an announcement Friday.
- SBI Ripple Asia already has a blockchain-based payments agreement with TP Bank in Vietnam.
- The two partnerships will deliver the money-transfer service using RippleNet, Ripple's distributed ledger-based payments network.
- The service is said to offer real-time payments with low fees.
- SBI Ripple Asia further said it will work with Ripple to offer such services for institutions in the U.S.


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“Everybody in Haiti believes in ancient wisdom, ancestral medicine,” says Harvey Gedeon, a silver-haired beauty industry veteran who spent his childhood there. Whenever he was sick growing up, his family would summon his godmother’s mother—a traditional healer known as a doktè feuille. (The phrase translates to “leaf doctor,” owing to the practitioners’ fluency with beneficial plants.) In the early 1960s, Gedeon left Haiti for the States, where he studied to become a cosmetic chemist—a trajectory that led him to create formulas for companies like Revlon, Orlane, and Estée Lauder, where he rose to executive vice president. Lately, his career has circled back to the motherland, with a new skin care project, Furcy Botanik, that marries laboratory rigor with local know-how. In other words, as cofounder Nathania Dominique warmly explains: “It’s a mix of passion and science.”
On a recent afternoon in New York, Dominique, bright-eyed across the table from Gedeon, paints the scene of her own Haitian inspiration: the mountainous village of Furcy, nestled in the mist. “I grew up there, my grandparents, my parents,” she says. “Once you get there, the soil changes to this color,” she adds, holding up a jar of the Gel Crème Lejand, packaged in the brand’s terracotta red.
But it’s what springs from the earth that lay at the heart of Furcy Botanik: the djon djon mushroom. Known as a humble delicacy often paired with rice, the tiny dark mushroom turns out to be rich in beta-glucans—a component shown to have anti-inflammatory properties, in addition to being a moisture-binding humectant. The djon djon, transformed into a unique bioferment, runs throughout the line. Other odes to the region include a guava leaf bioferment (with demonstrated antioxidant powers to boost skin repair after UV exposure); the national flower, hibiscus; and vetiver oil, which lends a subtle earthy scent.
“I’ve been in this long enough to know what’s good and what’s no good,” Gedeon says with a scientist’s practicality—which means the formulas also fold in noted standbys like hyaluronic acid, niacinamide, and tripeptides.
Arriving in time for a season marked by record-setting temperatures and soupy humidity, the initial trio turns out to be a welcome relief. The Essense Éklat is a heat-wave savior in mist form, to be spritzed throughout the day. The Sérum Nuit Mitïk, water-based and quenching, suggests an after-sun treatment. And the gel moisturizer feels like the skin care equivalent of cotton voile—airy, breathable. For Vanity Fair’s summer issue, the two founders shared a trio of inspirations, below, both for the brand and personally. As the illustrations suggest, there’s a through line about botanical wisdom and self-knowledge: what it means to venture deep and then offer those findings to the world.


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What’s new at QuirkLogic?
Quilla Connect™, a companion app for Quilla™, extends and enables the engagement for those who are remote by allowing them to use any Android™7 based tablet, smartphone or Chromebook™, to connect to the Quilla ecosystem through a secured cloud service.Read the full press-release »
QuirkLogic has unveiled an array of new features for Quilla, the world’s first digital writing solution for real-time ideation.Read the full press-release »
“It allows participants to focus on the creative process, and not the technology — which just fades into the background,” says company co-founder and CEO Nashir Samanani.
February 6 - February 8, 2019
Calgary TELUS Convention Centre | Calgary, AB
Panel Discussion: Alberta's Next Competitive Advantage: Driving the Industries of the Future - Nashir Samanani, CEO - QuirkLogic


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Selling via Internet.
Web has certainly made a mark in the world of communication. Internet is now consumed by everyone - from students, entrepreneurs, professionals to brand managers - who are involved in decisions about brand development in organisations, advertising agencies, design houses, event management companies, freelancers, young designers, public relations and corporate communication professionals, educational institutes, alumni from design and art colleges, smallscale organisations and Government departments to almost by everyone of us.
"The complete world has become a global village, courtesy the Internet. Web has liberated the consumer and this has brought changes in the behaviour of consumer which is both good and dangerous," says Kundan Joshi, VP, JWT. Every consumer considers himself sufficiently knowledgeable to make choices, he only wants to be facilitated, helped and guided but doesn't want to be interrupted.
Considering the changes in the brand promotion scenario, it has been concluded that the power lies in the content itself not in the product. At present social networking sites like Facebook, Twitter, Foursquare and blogs are acting as the ace for the companies to promote themselves. Nike presents an excellent example of how it became a popular brand without much advertising the product, cited an expert. The brand used various social networking sites and organised the Human Race for people who enjoy running from all over the world. It was a huge success because the brand realised the interest of its consumer.
"Today, the whole idea of marketing and branding exercise has changed to a great extent and thanks to the availability of various sources in the Internet, one can reach the target audience and provide them with the right information," said Manoj Kumar, Campaign Manager, Google Adword.
The idea is to bring in more people to interact and share their experiences, giving special offers making brand a symbol of emotion, values and experience. Emphasising the urgent need of brand building exercise through the Internet, Venkatesh Sarvasiddhi, Head, Architect Marketing, Microsoft India said: "Today, at any point of time, we can't ignore the importance of the web as far as building and sustenance of a brand is concerned, irrelevant of the size. It has instead become an integral part in brand building exercise which can contribute in its positioning and reaching the right target audience resourcefully."
Web is how one can make their presence felt through design, technology and innovative positioning. An American company Burger King used Facebook and did something interesting. They asked people to dump 10 friends and get a whopper burger in return. The result was remarkable. People actually started dumping their friends. This added to the brand's popularity. Even educational institutes like Pearl Academy of Fashion are imbibing the technology for branding to their students.
Published by HT Syndication with permission from Pioneer. For more information on news feed please contact Sarabjit Jagirdar at firstname.lastname@example.org
Provided by Syndigate.info an Albawaba.com company


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Amazon is ending its policy of letting viewers vote on which TV pilot episodes they would like to become full-length series, announcing at the Television Critics Association’s press tour on Saturday that it was ending the crowdsourcing portion of its original content program.
“I’d never say ‘never’ but that version is not something we’re doing,” Amazon Studios chief Jennifer Salke told reporters, per Entertainment Weekly. “We’ll use our own testing barometers and some user data but the public voting process has been set aside for now.”
According to Amazon’s co-head of TV Albert Chang, the magazine added, the problem was not the voting so much as the amount of time involved in getting a new series rolling. He explained the voting process was sucking up time, resources, and energy that could be better directed towards just letting studios do straight to series production without a pilot.
“One of the things we learned is it took too long to get shows customers wanted,” Chang said. “You need up taking way too long to get the actual season done.”
The decision isn’t coming out of nowhere. In 2017, now-former Amazon Studios head Roy Price said that “The reality of the marketplace is it’s competitive and often you just have to go to series. We still have customer feedback, but will probably have fewer pilots for sure.”
Some of Amazon’s most high-profile content came out of the pilot program, including the Nazi-centric alt-history/science fiction show Man in the High Castle, a reboot of The Tick, and the critically acclaimed Transparent. Amazon is pouring billions of dollars into original content now, though, which means it can afford to move quick and take risks to cash in on opportunities before they dissipate. As the Verge noted, they’ve been making massive pushes towards developing content like adaptations of Ringworld, Snow Crash, Utopia, and Tales from the Loop, as well as a show set in J.R.R. Tolkien’s Middle-Earth.
As Entertainment Weekly noted, Amazon defended the value of the pilot program as late as last November, writing:
Amazon customer feedback on pilots has helped make some of the most critically acclaimed and popular series to date, including multi-Golden Globe- and Emmy-winning series Transparent, multi-Golden Globe-winning series Mozart in the Jungle, and the most-streamed scripted Amazon Original Series ever by Prime members globally, The Man in the High Castle, winner of two Emmys.
Perhaps it will return one day in some form, but for now Amazon doesn’t seem to have the time to wait and see what audiences like before they go ahead and film it.


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Jul 8, 2014 — A new banana enhanced with vitamin A is intended to address diet deficiencies in Uganda. But if the past history of "biofortified" crops is prologue, it faces a tough road ahead.
Sep 24, 2013 — Bananas are the most popular fruit in America, and demand is growing worldwide, too. But growing bananas requires a lot of pesticides. And a new study shows that some of those chemicals are ending up in caimans living downstream from banana plantations in Costa Rica, where many of the bananas that Americans eat are grown.
Jun 25, 2013 — If your meals depended largely on the success of your family farm, would it change the way you felt about new crop technologies? Uganda is debating whether to give its first genetically modified plant, a GM banana, to millions of families for free.
Mar 13, 2013 — Can eating a banana counter the effects of being over-caffeinated? That's a claim that's been circulating around blogs recently. Some baristas swear by it, but we talked to a scientist who explains why it just isn't true.


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Hey everyone! Daniel Bader here alongside Andrew Martonik (photos), Jared Dipane and Mark Guim for the event today. Should be a fun one!
It's pretty packed here at the Hammerstein Ballroom in Manhattan. Lots of media along with industry bigwigs to check out the Note 7.
As with the Galaxy S7 launch in Barcelona, there's a Gear VR at every seat and Samsung wants us to wear it during the announcement.
This is very much the same Gear VR experience setup we saw for the Galaxy S7 launch at MWC this year.
Can also EXCLUSIVELY confirm that the headsets here contain Korean Galaxy Note 5s
"Please, please don't kick the Gear VR!"
OK fine, since you asked nicely.
Samsung CMO David Lowes taking to the stage here in London.
London's one of three locations today, NY and Rio being the other two
"Now telling the story of a smartphone that thinks big... "
We're joining the livestream in NY. So its over to Andrew, Daniel + friends!
DJ Koh is on stage now introducing the other two intro events!
Hi, Alex! We see you on the livestream!
Samsung and the Note 7 are playing a big part of the Rio Olympics, which begins in just a few days.
"We are inspired to defy barriers, which is the spirit of Olympic competition."
Koh is talking about the Galaxy Note, the original, which launched five (!!) years ago in 2011.
Amazing how far the smartphone industry has come since then.
"Today, large screen phones are the fastest-growing in the smartphone segment."
Demand for big phones has grown more than 400% every year since 2011, says Koh.
"What was true in 2011 is even more true today" - the Galaxy Note 7 was created for a generation of people who approach life with purpose.
The most productivity and entertainment in a single device.
The more we need from our phones, the more privacy and security is a growing concern.
That's why we are introducing iris scanning to protect your information. (big applause)
Parents will love this because it will keep their kids more safe. And kids will love it because it will keep them safe from their parents. (small chuckle)
Iris scanner, not irish scanner, which is a totally different technology


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Fashion designer Kate Spade was found dead from an apparent suicide by her housekeeper on Tuesday morning in her Manhattan apartment, with the reason remains unclear.
Spade’s fans in China reacted to her death with reminders about mental health, offering condolences and paying tribute to her work.
Some Chinese netizens expressed their love for the designer, saying, “I love Kate Spade. This is so upsetting to hear” and “She will be missed by so many. Rest in Peace.”
Spade began her fashion career after working at women’s magazine Mademoiselle in the 1980s and launched Kate Spade Handbags with her boyfriend Andy Spade. The duo married in 1994 and expanded the brand to include clothing and jewelry.
She told The Associated Press in 2004, “For our customers, fashion is in the right place in their life. It’s an adornment, not an obsession.” Kate Spade New York has become a global brand from her efforts.
However, she sold off the remaining shares in her namesake company in 2006, stepping back to raise her daughter Frances who was born in 2005.
Kate Spade returned to her fashion career in 2016 with a new brand called Frances Valentine, named after her daughter. In 2017, fashion company Coach acquired Kate Spade New York.
She was honored by the Council of Fashion Designers of America with the America’s New Fashion Talent in Accessories title in 1996, and Best Accessory Designer of 1998.
She was also named one of the Most Creative People in Business by Fast Company magazine editors in 2017.


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At the request of the Federal Trade Commission, a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.”
The FTC’s complaint against the company and its corporate officers alleges that Butterfly Labs charged consumers thousands of dollars for its Bitcoin computers, but then failed to provide the computers until they were practically useless, or in many cases, did not provide the computers at all.
A company representative said that the passage of time rendered some of their machines as effective as a “room heater.” The FTC charged that this cost the consumers potentially large sums of money, on top of the amount they had paid to purchase the computers, due to the nature of how Bitcoins are made available to the public.
“We often see that when a new and little-understood opportunity like Bitcoin presents itself, scammers will find ways to capitalize on the public’s excitement and interest,” said Jessica Rich, director of the FTC’s Bureau of Consumer Protection. “We’re pleased the court granted our request to halt this operation, and we look forward to putting the company’s ill-gotten gains back in the hands of consumers.”
Bitcoins can be used for the exchange of goods and services and can also be traded for physical currency such as dollars or euros. Bitcoins have a significant monetary value that constantly fluctuates. For example, it is currently valued at just under $500 per unit but it was worth more than $1,000 per unit last November.
Unlike traditional currency, Bitcoins are not distributed by a central bank, but instead are “mined” by users who use computers to calculate increasingly complex algorithmic formulas. When a user solves a formula, the Bitcoin system awards that user a set number of Bitcoins. As time passes and more Bitcoins are mined, mining becomes more difficult. The codes become more complex and require more powerful computers to solve them.
The FTC’s complaint alleges that Butterfly Labs marketed Bitcoin mining machines. Starting in June 2012, Butterfly Labs touted the computers, which they called BitForce, as cutting-edge, powerful and efficient. Consumers who bought the computers were required to pay in full, up front. The computers ranged in price from $149 to $29,899 based on the computers’ purported computing power. According to the FTC’s complaint, as of September 2013, more than 20,000 consumers had not received the computers they had purchased.
Despite failing to deliver tens of thousands of BitForce computers, the complaint alleges that Butterfly Labs in August 2013 announced a new, more powerful computer to mine Bitcoins called the Monarch, which was available for sale for $2,499 to $4,680. According to the FTC’s complaint, the company had delivered few, if any, Monarch computers as of August 2014.
Even where Butterfly Labs did deliver a Bitcoin mining computer to a consumer, the complaint notes that because of the unique nature of the Bitcoin system, the outdated computers were useless for their intended purpose. While more Bitcoins are being mined each day, the total number of Bitcoins available to mine is reduced in half each year. Combined with the fact that each new generation of computing technology used to mine Bitcoins renders previous generations essentially obsolete, the delay in delivering computers to consumers meant that the Bitcoin mining computers could never generate the amount of Bitcoins that Butterfly Labs promised consumers.
Butterfly Labs, the complaint alleges, also offered a service beginning in December 2013 in which consumers would pay up front for Bitcoin “mining services” in which the company would provide Bitcoins to consumers in exchange for payment for computing time. The complaint notes that by August 2014, Butterfly Labs had not provided any Bitcoin mining services to consumers, despite some having paid thousands of dollars for the services.
The court’s order in the case requires the defendants to immediately stop making misrepresentations about their products and services, and places a freeze on their assets.
The defendants in the case are BF Labs, Inc., doing business as Butterfly Labs; Darla Drake; Nasser Ghoseiri and Sonny Vlesides. – Source
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Alabama has landed another auto supplier that will bring over 600 new jobs to Tuscaloosa County.
Samvardhana Motherson Group, a Mercedes-Benz supplier, plans to invest $150 million in a new manufacturing facility in Tuscaloosa, creating 650 jobs by the fourth year of operation, a report from the Department of Commerce's Made in Alabama website confirmed.
The 700,000-square-foot facility will be located in the Cedar Cove Technology Park, less than four miles from the Mercedes-Benz manufacturing facility.
“SMP will benefit from the Tuscaloosa region’s reliable labor force and be supported by a successful and continuously improving workforce development and training network,” said Dara Longgrear, executive director of the Tuscaloosa Industrial Development Authority.
Construction on the site is set to begin before the end of 2015.
“We are very excited to finally establish a footprint in the Tuscaloosa region," said Vivek Chaand Sehgal, chairman of the Samvardhana Motherson Group (SMG). "The new plant will be a clear sign of a successful partnership with our customer and the state of Alabama."
The new facility will be called SMP Automotive Systems Alabama Inc. and will manufacture exterior and interior components for future models produced at the Mercedes plant in Vance, the report said.
“Alabama has a positive business climate and a skilled workforce that is second to none. We have worked hard to recruit well-paying jobs for the people of this state, and I am honored to see SMP expand to Alabama,” Governor Bentley said. “In coming years, the company will provide 650 new jobs and produce even more products that are ‘Made in Alabama.’”
While Alabama has expanded its economic development reach to the aerospace industry and its recent landing of the $600 million Google data center in Jackson County, the automotive sector continues to be the driver of most of the manufacturing development in the state.
According to Made in Alabama, more than $3.6 billion in investment has come from the automotive sector over the last three years. Last week, Kamtek announced a $530 million expansion in Birmingham, which will create 354 jobs upon completion.
“The Alabama economic development team has targeted growth in the state’s auto supply chain because it serves to strengthen the industry’s foundation here,” said Greg Canfield, secretary of the Alabama Department of Commerce. “Developing partnerships with global suppliers like SMP reflects this strategy and sets the stage for additional job-creation and growth in Alabama’s advanced manufacturing sector.”


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Previously Financial Minister of India has announced that capital gains on cryptocurrency and digital assets will be taxed at a flat rate of 30% and 1% TDS on each transaction from 1st April 2022, now here we have a new update regarding this where the Department of Economic Affairs is prepared to share the Consultation Paper on cryptocurrency and RBI DG has shared that they are working on the digital version of the fiat rupee.
Table of Content:
An Update: Recently, the Income Tax department of India has released the tax rates for the assessment year 2023-24 in which they mentioned 0.1% TDS as per section 194s. But later on, Income Tax Department tweeted "Some media reports have come to the notice of CBDT claiming that the rate of TDS on Virtual Digital Assets(VDA) has been reduced to 0.1%. It is hereby clarified that there is no change in the rate of TDS on VDA, which continues to be 1%." So as of now there are no changes in TDS on Cryptocurrency and Digital Assets.
India’s Consultation Paper.
India is “Fairly ready” with the consultation paper on cryptocurrency and will soon come out with a paper for private virtual cryptocurrency, mentioned by Ajay Seth from the Department of Economic Affairs. He further said that in the coming month Inflation in India will be moderated and the Indian Government is almost prepared with the consultation paper.
Ajay Seth also said that it is required for all countries board to work together and the Indian government is going forward to talk with the global regulations on digital assets. He also mentioned that India would look at regulations enforced for cryptocurrency in other countries and then will decide how to regulate cryptocurrency in India.
RBI DG’s statement on Digital Assets and Cryptocurrency.
RBI Deputy Governor T Rabi Sankar has said "Central Bank Digital Currencies can "kill" whatever little case that exists for private virtual currencies." This statement was recorded in a very recent IMF seminar, ‘India’s Digital Payment System & Beyond’.
He has also mentioned that RBI is working “Methodically” to bring in the digital version of the fiat rupee as it will be helpful in managing currency and ease cross-border payments and inter-banking settlements.
Rabi Sankar has further added that RBI is following a procedure to learn this and they understand the digital journey is equivalently important. He said, ”It’s a journey that never has an end.” And in the same, Rabi Sankar also told that they are working on the development of the UPI network and payments.
So according to these reports, the government is planning something by which they can regulate cryptocurrency and digital assets countrywide in a smooth manner and can also store the record of the investors.
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StatCounter, a Web site analytics provider that tracks billions of page views each month across more than 3 million Web sites, launched its first API for paying StatCounter subscribers in February.
Facebook’s $19 billion acquisition of cross-platform messaging service WhatsApp was obviously a boon for WhatsApp’s founders, employees and investors, but it also proved to be a good thing for several of WhatsApp’s biggest competitors.
Businesses exploring an API strategy are asking themselves: private, partner or public? Since the start of the year, there has been a lot more thinking aloud about how businesses decide whether to start with an internal (private) API; use partner APIs to manage specific business relationships; or jump straight into designing external, developer-facing open (public) APIs.
APIs are creating opportunities for businesses to enter new markets, extend their customer reach, and create innovative products based on their data assets and core functionalities. As they progress along this path, businesses often start redefining themselves as a platform: They see themselves as allowing customers to couple with a business’ data assets and services via an API in whatever configuration makes sense to the customer’s value chain.
The idea of “eating one’s own dog food,” or dog fooding, goes back a long way–most notably, with companies using their own software to demonstrate the technology’s performance and value. Today, many companies are dogfooding their APIs, not only to demonstrate the APIs’ benefits but also to put the technology through its paces over time.
Fantasy football leagues have added a new dimension to watching National Football League (NFL) games. In fact, fantasy football has become so popular that NFL.com is applying its considerable online resources to make sure that fantasy football is played on its own site rather than on any of a hundred others.
The way that US telecom carrier AT&T is approaching APIs for the enterprise offers key insights for app developers and business stakeholders looking for market entry opportunities into a global ecosystem. ProgrammableWeb spoke with AT&T Vice President of Ecosystem Development and Platform Solutions, Laura Merling about the broader API strategy. Meanwhile Chris Aron, Product Manager of AT&T Location Information Services, demonstrated how the AT&T approach translates into an industry-specific partnership with Sabre, the global travel tech company.
Here is an interview with Scoreoid founder and CEO, Almog Koren. Scoreoid allows you to gamify apps using the Scoreoid API and backend as a service. With 3000+ games and almost 1.8 billion monthly sessions- this is one API startup that seems to be going places.
Given the rabid nature of most of their fan base, professional football teams were among the first organizations to see the value of developing mobile applications to get closer to those fans. The problem for most teams now is the stadium WiFi experience they provide to their most loyal fans leaves much to be desired.
We have covered Algorithms.io before on ProgrammableWeb and it is an exciting API using machine learning algorithms to deliver predictive analytics. It has specialized in classifying streaming data using machine learning. Algorithms.io was acquired in December 2013 by LumenData, and we have an exclusive interview with Algorithms.io co-founder Andy Bartley post the acquisition.


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What you need to know about recreational cannabis use
By Hannah Owczar and Gabby Piche
Cannabis, Kush, devil’s lettuce, weed, or whatever you want to call it is legal this week.
The long-awaited legalization of recreational cannabis use in Canada hasn’t taken long to come into effect since its approval this summer. Country-wide legalization is set for Oct. 17.
Although the federal government approved legalization, recreational cannabis use is regulated by provinces, meaning they vary across Canada.
Here’s what you need to know about Manitoba’s laws, according to Bill 11.
The legal age for use, possession and purchase of cannabis is 19. Cannabis can legally be sold from a person who holds a retail cannabis licence. Tokyo Smoke, Delta 9 Cannabis, Canopy Growth Corp., and National Access Cannabis, which provide medical cannabis access, are the four companies who hold that licence in Manitoba. If you’re under 19 you can’t enter a cannabis retailer.
Don’t try growing cannabis at home; that’s illegal unless you have a licence. Smoking and vaping of non-medical cannabis are only permitted on private property. It’s illegal to consume cannabis in public spaces like street, parks, and restaurants patios.
Prices for cannabis are intended to be competitive with the black market. So, it’s likely around 1 gram will sell for 10 bucks.
Driving high is considered impaired driving under The Highway Traffic Act. Charges range from a three to 60-day licence suspension, or up to 10 years in jail for causing bodily harm. Just be safe and don’t do it.
Something to note about crossing the United States border: the federal government has warned that legal cannabis use could result in being barred entry to the States. It’s unlikely all Canadians will be questioned at the border, but be prepared if you’re planning on travelling south.
Red River College students weigh in
Caitlyn Chartrand, a student in the Youth Recreation Activity Worker program, said she believes that life on campus won’t change upon legalization.
“If they’re already doing [cannabis], they’re already doing it,” said Chartrand.
Dakota Witowitz, also in the Youth Recreation Activity Worker Program, said she won’t mind seeing people using cannabis once it’s legal.
“I feel like if it’s not bothering anyone and they’re just doing it by themselves, it wouldn’t bother me at all. It’s their choice,” she said.
Alicia Gauthier, in Business Administration, said she doesn’t think legalization will incentivize cannabis consumption around campus.
“[Cannabis] might be more common to smell, but if you’re here to learn, you want to have all your attention to learning instead of spacing out,” said Gauthier.
Despite claims that cannabis will be competitive to the black market, student Vinicius Gaudio Rosa said he thinks cannabis will be unaffordable for some.
“If people want to buy it, they have to spend a lot,” said Rosa, 26. “It’s expensive.”
For more information about legalization and recreational cannabis use, visit https://www.gov.mb.ca/cannabis/faq.html.


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Facebook is looking to crack down on scammers who use malware and fraud to generate phony "Like" votes.
The company said that it increase its use of automated tools which can detect and remove fraudulent "Likes". The effort will included the use of updated security components which can better identify suspect behaviour.
"On average, less than one per cent of Likes on any given page will be removed, providing they and their affiliates have been abiding by our terms," the company said.
"These newly improved automated efforts will remove those Likes gained by malware, compromised accounts, deceived users, or purchased bulk Likes."
The use of fraudulent Likes, or "Like-jacking" has become a popular method for scammers and malware writers to spread their attacks and divert users to advertising or malware-serving sites, as well as advertising affiliate pages.
Just as a click-jacking attacks trick users into visiting a page and artificially inflating traffic numbers, automated Like operations can artificially inflate the perceived popularity of a page or company, allowing the attacker to collect a higher affiliate rate from an advertiser.
Facebook noted that any effort to buy, sell, or otherwise artificially generate "Like" activity on the site is a violation of its terms and conditions.
"These improvements to our site integrity systems benefit both users and brands alike," the company said.
"Users will continue to connect to the Pages and Profiles they authentically want to subscribe to, and Pages will have a more accurate measurement of fan count and demographics."
British Airways blames 'global systems outage' for IT meltdown
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'Unauthorised user' blamed by Harvard for insulting Mark Zoinkerberg
Android under attack from 'Judy', Google Play Store malware that has infected up to 36.5 million users
Yet more Android malware discovered on the Google Play Store
Airport believes new system will be more reliable than GPS or Google Maps


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Credit: Original article can be found here
New Delhi: India will be using G20 platform to reach out to more countries to settle cross-border trade in Indian rupee. The main focus nations would be those who are facing problems with a particular currency or a basket of currencies and are looking out ways to come out of the crisis.
India’s Commerce Secretary Sunil Barthwal said New Delhi is interested on settling international trade with more countries in INR.
Rupee trade to help countries whose currencies are under pressure
Responding to a question on whether India will use the G20 platform to boost rupee trades, Barthwal said: “We are interested in improving the trade with respect to the currencies of the countries that are trading (with India). Definitely, we would like to see that rupee trade also happens, particularly with those countries which are facing (currency) issues.”
The Commerce Secretary was addressing the media on the eve of the first Trade and Investment Working Group (TIWG) meeting under India’s G20 Presidency. The meeting will be held in India’s financial capital, Mumbai between 28 and 30 March.
Must Read: Indian rupee could be the new dollar, says ‘Doctor Doom’ Nouriel Roubini
More than 100 delegates from G20 member countries, invitee countries, regional groupings and international organisations will engage in deliberations to accelerate global trade and investments during the three-day TIWG meet.
18 countries willing to trade in India rupee
India’s central bank – Reserve Bank of India, or RBI – as on 14 March this year, has approved opening of 60 special rupee vostro accounts (SRVAs) of correspondent banks from 18 countries.
These countries include – Russia, Sri Lanka, Singapore, Botswana, Fiji, Germany, Guyana, Israel, Kenya, Malaysia, Mauritius, Myanmar, New Zealand, Oman, Seychelles, Tanzania, Uganda, and United Kingdom.
Also Read: Rupee closer to replacing dollar as 18 nations agree to trade in INR
Under the mechanism, Indian importers make payments in INR that is credited to the vostro account of the correspondent bank of the partner country. Similarly, trade would be settled with Indian exporters in Indian rupees from the balances in the vostro account.
RBI has allowed the surplus rupee balance in these accounts to be used for payments for projects and investments, export, import advance flow management, and investments in government securities.
India G20 presidency
India is holding the G20 Presidency from 1 December, 2022 to 30 November, 2023. The Group of Twenty (G20) is the premier forum for international cooperation on the most important aspects of the international economic and financial agenda. It brings together the world’s major advanced and emerging economies.
Don’t Miss: Rupee races to replace dollar: Egypt latest entrant to club of countries wanting to trade in INR
The G20 comprises Argentina, Australia, Brazil, Canada, China, EU, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, UK and USA. The G20 Countries together represent around 90 per cent of global GDP, 80 per cent of global trade, and two thirds of the world’s population.
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Last month, McDonald's introduced the Cactus Jack meal, the go-to meal rapper Travis Scott orders every time he visits the restaurant. At the time, the $6 meal would get you a Quarter Pounder with cheese, bacon, onions, and lettuce, a medium order of french fries, and a Sprite. The Cactus Jack became a sensation on various social media platforms and was so popular, food shortages of the specific toppings started to spread through the company.
The meal deal was so successful, the global food chain has already partnered with its next celebrity — Reggaeton sensation J Balvin. Beginning Monday, the J Balvin meal is available at participating locations in the United States and includes a Big Mac sandwich, medium fries, and an Oreo McFlurry.
While it's expected for the meal to cost a little more than $6, those who decide to order it through the McDonald's mobile application will get their McFlurry for free. The J Balvin meal will be available now through November 1st.
"As a longtime McDonald's fan, I am excited to join the short list of global icons who have had a meal named in their honor," the musician said in a statement. "I am looking forward to sharing my signature order with my fans, along with more surprises that are to come with this partnership. ¡Lego!"
McDonald's US chief marketer Morgan Flatley added the company was ecstatic to partner with Balvin and his team, as the recording artists is regarded as one of the top-selling artists around the world.
"From topping charts around the world to landing countless award nominations, J Balvin is a trailblazing international icon," Flatley said. "He's always been a regular at McDonald's restaurants during his concert tours, and now we're excited to bring his go-to order to our menus across the U.S."
While Scott got a meal, he also rolled out a clothing line with the company. The clothes, which include a tee-shirt, shorts, and crew neck sweatshirt were available for just a limited time.
"From featuring Travis's favorite McDonald's meal in our restaurants, to his new score for our TV spot, to Cactus Jack x McDonald's merch, this has been a true partnership from start to finish," Flatley said last month. "It has been exciting to team up with a true brand fan whose creativity and love for our food shines through in each aspect of the collaboration."


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While we already received confirmation that the Android 9.0 Pie update will naturally come to the current smartphone lineup of Samsung which includes the Galaxy S9, Galaxy Note 9 and Galaxy S9+, what about the rest of the devices? Well, it seems that we at least have found something regarding the Galaxy Note 8.
Some sort of confirmation has come up telling that the Korean OEM is already testing out the Pie build for the phablet released last year. Unfortunately, we have no other details to go through, such as the time when it will be rolled out but since the flagships are not yet updated, don’t hold your breath.
There are some sources saying that Samsung is testing out N950FXXU5DRK4 for the Galaxy Note 8. While it doesn’t really confirm that it is really the Pie update, the firmware which is based on Oreo had the CRxx format for its last four letters of the software version. The presence of the ‘D’ in the last four letters of the firmware that is being updated should suggest that it will be a major upgrade.
We know that some of you might feel like it is a stretch and it may just be a big feature which is yet to roll out, but it is also not unlikely that this is indeed ‘a piece of’ Pie for the Galaxy Note 8. Another unclear aspect is whether this firmware will also come with the One UI interface which has been announced just recently. It will represent the latest version of Samsung’s popular Android skin.
This is meant to replace the Samsung Experience which previously replaced TouchWiz. According to Android Authority, we received confirmation that it will also be released not just to the current lineup of phones but also to the older devices, including the Galaxy Note 8.
Tim M. Hill helped bring Digital-Overload from a weekly newsletter to a full-fledged news site by creating a new website and branding. He continues to assist in keeping the site responsive and well organized for the readers. As a writer to Digital-Overload, Tim mainly covers mobile news and gadgets.


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Windows 7 screen shot.
|(click for larger image and for full photo gallery)|
Symantec is offering the Norton 360 3.0 Beta for Windows 7, AVG has introduced AVG Internet Security and AVG Anti-virus for Windows 7 Beta, and Kaspersky Lab has made available a technical preview of Kaspersky Anti-Virus for Windows 7, according to Microsoft officials.
"Microsoft has been actively working with security partners to help them get their applications ready for Windows 7," Windows communications manager Brandon LeBlanc wrote in a blog post Thursday. "Three security developers have taken the build we released to developers … in October and have developed solutions available today that work with Windows 7 Beta."
By partnering closely with third parties, Microsoft is hoping to avoid a repeat of Windows Vista's shaky debut in January 2007. At the time, a number of major security providers, including Symantec, didn't have ready products that were fully Vista compatible.
Microsoft needs Windows 7 to be a hit. Vista, the most current version of Windows, has failed to catch on with mainstream computer users and businesses have shunned it outright. Many users have complained about Vista's hardware requirements, intrusive security measures, and lack of compatibility with older applications.
Dissatisfaction with Vista has allowed Apple to gain share against Microsoft in the computer operating system market in recent months. Windows' market share in November fell below 90% for the first time in years, while Mac OS is now flirting with the 10% mark, according to market watcher Net Applications.
Microsoft is hoping that Windows 7, which is expected to be released in its final form in late 2009 or early 2010, will stem the tide.


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The CTIA Wireless Association announced this afternoon that it will add a new voluntary App Rating System to its list of industry guidelines. Participating app stores will allow parents to block access by children to apps rated suitable for adults only. It seems likely that new adult apps will thus be made available as well. From the sacred to the profane, effective content ratings and guidelines could create a safe haven for all kinds of new apps and commerce to flourish.
No such ratings system has been built yet, but the organization announced today the availability of a Request for Proposals for outside vendors to build it. The guiding principle will be that app creators will submit information about the contents of their apps at the time of submission to participating app stores and then the ratings would be applied automatically. No list of which app stores will participate is available yet, but the organization’s membership includes both Apple and Google, among many others.
CTIA uses the number 800,000 to reference the large number of apps at issue. That’s substantially higher than the number of apps included if you add up the iTunes and Android Marketplace numbers together (that would be 500,000). In other words, it seems that the organization is hoping or presuming that Google and Apple will participate. It seems unlikely that the system would be announced without some favorable consultation of those two most relevant members of the association.
This Could Get Complicated
While a system intended to protect childeren by offering app ratings sounds like a good idea, it also sounds like it could become complicated. Voluntary ratings could prove ineffective, for one thing. The line between what’s appropriate or innapropriate for children is also a subjective one. Wherever the line gets drawn regarding innapropriate content, you can probably expect someone to protest it.
Dirty dirty apps don’t seem like a big problem today, either. Perhaps that’s just because there’s no way to keep the kids safe so they all get nuked from iTunes. It seems likely that app producers and marketplaces would like to draw a line in order to cash in on apps that are on the other side of it.
The industry may also be creating voluntary parental control ratings proactively in order to pre-empt a non-voluntary, independent ratings system created by government or other parties.
Crazy Days Are Over?
In seperate but realted news, members of the US Congress today asked Apple to remove from its app store crowd-sourced traffic tracking apps that allowed users to alert eachother to the location of drunk-driving police check-points.
In as much as it’s been a self-policed Wild West out there in app land so far, those days may soon come to an end. Where there is rule of law, they say, there can be scalable commerce.


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John Metz of Batavia elected to visit his local farmers market on Saturday for the first time and didn’t come away empty handed.
“I got some bagels and some Italian herb flatbread and I think it’s great for the community to have this,” Metz said.
Last November, the Batavia MainStreet group launched an expanded indoor farmers market that has been held weekly ever since without knowing where the pandemic and customer response would take it.
This past Saturday, organizers as well as shoppers reflected on what has now become a weekly staple for the community and how the market will act as a springboard for the even larger market this summer.
“We started this expanded indoor market back on Nov. 7 and have had it each Saturday except for Christmas and New Year’s,” said farmers market coordinator Kathy Kuchta. “The community response has been very positive as we’ve located the market in 4,600 square feet of space which has allowed vendors to spread out and allow for social distancing. We see the indoor and outdoor market as being connected.”
Kuchta said anywhere “from 20 to 25 vendors” have been participating weekly including regulars and a handful that rotate in and out.
“Since we’ve started this, it’s fair to say we’ve had about half a dozen other vendors ask about joining us and our attendance has remained pretty consistent,” she said. “We’ve had an indoor market before but not at this location which has allowed us to expand and deliver more than we could have previously.”
Barbara Theuerkauf of Batavia said Saturday was her second time at the indoor market and that she “has been to the outdoor market a lot.”
“They have a lot of good artisans here that just have fresh products – you’ve got this guy that does the bagels with different flavors and another person that sells fresh sprouts and greens and you can pick and choose, which is really different,” she said. “I think the springboard from winter to the summer market will be a nice transition. It’s not just Batavians but other families that come from towns around us.”
Rachel Pfaff of Batavia was also a first-time visitor Saturday, who said she also frequents the outdoor market and was missing that farmers market connection.
“I like coming to the outdoor market and it’s been a long time so we were ready to come back and finally have the kids up on a Saturday,” she said. “We got some chicken eggs and went next door and saw some pottery and also some bagels. It’s nice to have something that’s pretty much all year-round now.”
The bagel vendor who was clearly attracting a lot of attention was Batavia’s Jason Lancaster, who said his business, The Kneaded Bagel, was born during the pandemic.
“I came here on Jan. 9 as a vendor at the market,” Lancaster said. “I was at home with my kids all day and thought, what can I do from my house? I’ve been making bread at home and I said well let’s try this. I started experimenting with bagels and took it from there.”
Lancaster said he now sells “anywhere from 100 to 120 bagels a week.” He added that he started selling locally after looking into farmers markets and “might look into a store front” eventually but for now, people are loving his bagels.
“I’m seeing some of the same people each week,” he said. “As far as making the bagels at home, I think the boiling process is really intimidating for some people, but I think that’s the easiest part of making the bagel.”
Kuchta said the outdoor market is poised to open for the 26th year this summer once the indoor market closes on May 29 and will feature more than twice the number of vendors.
“We’ll have 45 vendors and feel that the indoor market will be a springboard as many of the same vendors will return as well as others that have seasonal products,” she said. “We definitely feel there is a connection and have seen people’s confidence grow during the pandemic with more vaccinations and so forth and a willingness to come out since last fall.”
The indoor market runs from 9 a.m. to noon Saturdays through the end of May at 160 First St. and Water Street Studios in Batavia.
David Sharos is a freelance reporter for The Beacon-News.


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Best Buy Co Inc. (NYSE: BBY) shares fell 8 percent on Tuesday after the company forecast the fiscal 2021 earnings below analysts’ estimates.
The consumer electronics company released its financial targets for fiscal 2021 on Tuesday. Revenue is expected to grow to $43 billion in fiscal 2021, up from $39.4 billion in fiscal 2017. The company also forecast adjusted earnings of $4.75 to $5.00 per share. Analysts polled by Thomson Reuters has estimates earnings of $4.97 per share.
In addition, Best Buy estimates its adjusted operating income in fiscal 2021 will be between $1.9 billion to $2.0 billion.
Investors are not happy with the projection. Best Buy shares drop as much as 8 percent to $52.76 on Tuesday.
"Our Renew Blue transformation was about improving the customer experience and fixing what was broken," Best Buy Chairman and CEO Hubert Joly said. "Building on what we have accomplished, we are excited by the opportunities we have in this next chapter to grow the company by helping customers pursue their passions and enrich their lives with the help of technology, which is a much bigger idea and one that is rich with opportunities."
21 Apr, 2020


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The Downtown Alliance is offering grants of up to $20,000 to small businesses affected by Hurricane Sandy and giving out free Square mobile card readers to Lower Manhattan businesses whose phone service haven’t yet been restored.
The Downtown Alliance has contributed the first $1 million to the “Lower Manhattan: Back to Business Small Business Grant Program,” under which grants will be awarded to qualifying small businesses that are located within Flood Zone A below Chambers Street, and is asking others to contribute to match that amount.
Contributors to the program so far include Goldman Sachs, Trinity Church, Citibank, The Durst Organization, The Howard Hughes Corp. and the FiDi Association.
“Our small businesses have been instrumental in making Lower Manhattan a premier place to work, live and visit,” Elizabeth H. Berger, president of the Downtown Alliance, said in a statement. “Now is the time for us to come together as a business community to help local businesses in need, to the benefit of all. The challenge ahead is great, and I encourage anyone who believes in Lower Manhattan’s future to meet – and exceed – our contribution.”
The grant will offer support of up to $20,000 to small businesses meeting the following requirements:
• Located in Flood Zone A, on the south side of Chambers Street and below;
• 50 or fewer employees;
• Gross annual revenues of $5 million or less;
• Open for at least a year (or have a 5-year lease);
• Open at the time of application, or, for those located in buildings closed for storm-related reasons, scheduled to open by April 2013 (grants to be paid upon reopening); and,
• Able to document loss and replacement costs not covered 100 percent by insurance or other reimbursement for property, equipment or inventory loss, or loss due to up to 10 days of street closures, lack of utility service or related conditions.
Grant applicaitons will be available by Dec. 1 and processed on a first-come, first-served appointment basis, for as long as funds are available, through Dec. 31. Click here for more information about the program.
Separately, the Downtown Alliance on Tuesday said said it will begin providing free Square readers to help Sandy-affected businesses ring up sales. The device, developed by San Francisco-based Square, is a card reader that plugs into an iPhone, iPad or Android device that allows anyone to accept credit card transactions. Businesses pay 2.75 percent of the amount of each credit and debit card transaction. Funds are deposited into their bank account within 1 to 2 business days.
“In the aftermath of Hurricane Sandy, a number of Lower Manhattan businesses have faced challenges in restoring their individual telecommunications systems, prompting the Downtown Alliance to contact Square,” the allliance said in a press release. “Square Mobile Card Reader will allow them to ring up sales this busy holiday season until their land lines are restored.”


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Africa is embracing cryptocurrency slowly and steady, with countries such Nigeria and South Africa leading the Africans to a whole new world of Cryptos. South Africa, in a survey conducted by Hootsuite and Wearesocial, have the most owners of Crypto with 10.7% of the total internet users holding it on their personal wallets. In this global research from 2018-19, found also that countries such, Ghana and Kenya securing crypto on their personal crypto wallets and being placed among the 45 nations with the most crypto assets holders (Bitcoin mostly) in the world from this survey that was realized during the first six months of 2018 covering ages from 16 to 64.
10.7-13 percent people who browse the internet hold crypto, being the top country in the world in Crypto holding accordingly to the survey in 2018-19.
Despite South Africa, Nigeria, Ghana and Kenya being among the top Crypto assets holders in the world on the past years, Nigeria have been on top of the most bitcoin transactions realized on the peer-to-peer exchanges, Paxful have been seeing an increase of the 60% total volume coming from the biggest economy of Africa and 25% from South Africa. Crypto assets have been used to fulfill personal basic needs also to transfer goods, used as service to transfer money domestic (inside the countries) or abroad (outside the countries), not restringing only in those domains well as way of building entrepreneur business based on crypto.
A notable number of Africans dedicate themselves to trading of crypto assets for profit, Paxful reported that more africans are joining, buying and selling Crypto with transactions volume of more than $60 millions monthly. Most of countries in Africa doesn’t have a formal regularization on Cryptocurrency, and that is also a catalyst to adoption which can lead more people of the new generation of Africans to work basically on crypto assets. Africa for the first time in May of 2020 surpassed the Latin America in Bitcoin volume transactions in P2P Bitcoin exchanges.
Latest years have been increasing numbers of startups working into blockchain field and cryptocurrency on the African continent, but also many challenges still be to faced, there are many other countries that never heard a word about crypto doesn’t have literacy on the matter, we must also look to other side of the continent where is situated among the bad rates of internet coverage on the world.
Nigeria, the most Crypto asset traders reside on the biggest African economy.
Nigeria, South Africa, Ghana, Uganda, Kenya, Zimbabwe, are just a small part of an extense continent of almost 1.2 billion of people, there are more than 40 countries with no literacy on Cryptocurrency with small number acting on the shadows of this well known African countries on the hotspot map of crypto.
I believe that Africa can be an heaven of Cryptocurrency, with many countries with less knowledge on the matter they can still teached the basics of any currency and with the right tools they can embrace and adopt faster than other part of the globe.
One thing is certain, Africans are getting noticed about Cryptocurrency and that is the reality on the 21 century, Africa is raising.
**find Also the article on read.cash from my authorship.
*free images from pixabay with no copyright infringement and rights for commercial use.


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Today marks 70 days until San Diego Comic-Con. As you may have noticed with the increase in our Under the Tents posts, news is coming in very quickly. This edition we have news on appearances from Rocky O and Bailey Adriana, a possible tease from NECA, as well as new releases at Comic-Con like Sorcerer to the Crown, The Crooked Man, Jack and the Pirate Attack and also Raven: The Pirate Princess. We also have news about offsite events like SherlockeDCC adding a merch area, and don’t forget our party, Enchantment Under the SDCC 2015. As of time of publication, our party is 98% funded. We are almost there! Come party with us and spread the word.
Here’s a look at the news you might have missed:
- Colleen Lindsay of Penguin USA announced on Twitter that Zen Cho’s Sorcerer to the Crown will be one of the books being given away at SDCC 2015. The tweet also included a link to the Barnes and Noble blog and a reveal of the cover.
- NECA – who already have two of our favorite exclusives this year – responded on Twitter that a 1/4 scale Hulk wouldn’t be seen soon, but maybe at SDCC.
- Tickets for SherlockeDCC go on sale on Friday, May 1 – but there’s another way to be a part of the action, as The Baker Street Babes tweeted that they are going to have a merch area at this year’s party. They are now accepting applications for vendors on their Tumblr page. The fee is $50 per table.
- Racquel Ormsby-Olivares, aka Rocky O, tweeted that she will have a table in the small press area at Comic-Con. Rocky O is an artist, illustrator, and designer. She has a comic out called Heroes & Bandits.
- In a recent interview, comics creators Gabriel Hardman and Corinna Bechko told NewsOK that they will be releasing a new, original graphic novel called The Crooked Man that will be released in time for Comic-Con. It will be a revenge story set during the 1906 earthquake in San Francisco.
- Amy Hernandez, half of the creative team behind Jack and the Zombie Attack and Jack and the Pirate Attack, posted on Twitter that there is going to be a documentary about the book. Part of the documentary is being filmed now, and the rest will be filmed at San Diego Comic-Con. Jack and Pirate Attack just recently finished a successful Kickstarter campaign and will be at Comic-Con along with an exclusive Jack and the Zombie Attack print.
- Comic author, Jeremy Whitley, responded to a question on Twitter that Raven: The Pirate Princess will debut at Comic-Con and then be available to the public mid-July. This will be a spin-off to the popular children’s comic, Princeless.
- Alex Ahad, creative director of Skullgirls, posted on his Tumblr that Skullgirls will be at SDCC 2015. Skullgirls is a popular independent 2D fighting game release on Playstation Network and Xbox Live Arcade.
- Books-A-Million is giving away a trip to Comic-Con to one lucky winner – though sorry, it’s only open to U.S residents. You have between now and June 25 to enter, when one lucky winner will be selected to receive two tickets to San Diego Comic-Con, including round-trip airfare, three nights at a hotel, and more. You can enter now to win on Books-A-Million’s website.
- Pinup artist Armando Huerta revealed via Facebook that model Bailey Adriana will be at Comic-Con, signing prints for fans.
- According to a recent press release, VIZ Media will be at San Diego Comic-Con – and not only will they likely be on the exhibit floor, but they’re also launching a partnership with the tour of Legend of Zelda: Symphony of the Goddesses to tell their range of Zelda-themed manga and graphic novels.


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With this staggering sum, the Biden Administration has shown its commitment to domesticating the electric vehicle supply chain by agreeing to loan a Nevada startup $2 billion to support its production of critical battery materials.
With this funding, Redwood Materials will build the very first factory in the United States to manufacture anode copper foil and cathode active materials, two critical parts of electric vehicle batteries. The company, started by a former Tesla executive named JB Straubel, claims it can produce enough of them to allow for the annual production of 1 million electric vehicles by 2025.
The Department of Energy estimates that this would result in an annual savings of over 395 million gallons of gasoline and a reduction of over 3.5 million tons of carbon dioxide emissions. It would also lessen the need for automakers to import battery components from other countries.
On Friday, Bob Marcum, chief operating officer of the DOE Loan Programs Office, told Grist that the project would achieve the goals of reducing greenhouse gas emissions by decreasing reliance on critical minerals from Asia, bringing manufacturing and the supply chain to the US, and producing components for electric vehicles. “It’s a huge undertaking, and we couldn’t be more thrilled about it.”
The loan will come from the Advanced Technology Vehicles Manufacturing Loan Program, which provides funding for manufacturing projects with the goal of increasing vehicle fuel efficiency. The conditional commitment was announced on Thursday by the Energy Department.
In 2030, the Biden administration hopes that electric vehicles will account for 50 percent of all new vehicle sales. Electric vehicle batteries’ core components are almost entirely manufactured in Asia.
Energy Secretary Jennifer Granholm said at a Thursday event at Redwood Materials’ Nevada facility, “We have some catching up to do.” Every link in the supply chain can trace its origins back to China. This increases the cost of batteries, creates greenhouse gas emissions from shipping them around the world, and endangers the safety of the supply chain as a whole.
“Once we realized how systemically important this technology had become to our entire transportation system and our grid, all eyes started sharpening on how to build independence,” explained Nathan Iyer, a senior associate at the clean energy nonprofit RMI.
More than $135 billion from the Bipartisan Infrastructure Law, the CHIPS & Science Act, and the Inflation Reduction Act goes towards the electric vehicle transition in the United States, including the procurement of essential minerals and the production of batteries.
Iyer remarked, “They targeted basically every part of the manufacturing process.” That the United States is acting in such a novel, strategic, and aggressive manner is an understatement.
In 2017, JB Straubel, a former CTO at Tesla and co-founder of Redwood Materials set up shop. During his time at Tesla’s huge Nevada Gigafactory, he came to the conclusion that the US would soon have a hard time getting the materials it needs for the EV transition. “Even eight years ago, it was clear this would be a really big bottleneck for the entire industry as it scaled,” he said at the Thursday event.
For electric vehicles, Redwood Materials will manufacture both the anode, which aids in charging performance and the cathode, which houses the battery’s critical metals. They account for nearly 80% of the total price of a battery. As well as ensuring a steady supply of raw materials, making them at home can lower the price of batteries, making electric vehicles more accessible to the general public.
A month ago, Redwood Materials launched commercial production of anode copper foil at its Nevada facility, marking the first time this component has been manufactured in the United States. The company anticipates starting cathode product testing by the end of the year.
When fully operational, the Nevada facility will provide full-time employment for around 1,600 people.
The business is instituting a more sustainable battery supply chain. Redwood Materials has begun recycling the metals used in EV batteries by collecting scrap from factories, lithium-ion batteries from e-bikes, consumer electronics, and other sources, and then using them in the anode and cathode components of its batteries.
However, the infrastructure Redwood Materials is developing now could one day support nearly completely closed-loop battery manufacturing when there are enough electric vehicle batteries in circulation to use materials exclusively from recycled sources.
Iyer noted that while the company is “a little ahead of the recycled material inputs,” “if they are successful, this will be the cornerstone of the circular economy.”
Secretary Granholm says that in the last two years, 80 companies that make or sell batteries or are part of the supply chain have said they will move to or open in the United States. She said that the current situation was caused by the development of an industrial strategy to make these goods in the United States. Is China getting nervous?


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On Nov. 2, cannabis workers at the Curaleaf dispensary in Mokena, Ill., joined UFCW Local 881 for a better life. These new members of our union family voted to join UFCW Local 881 by an overwhelming margin because they were concerned about insufficient wages and benefits. Curaleaf is one of the largest multi-state cannabis companies and currently operates 10 dispensaries in Illinois.
“I work for one of the one of the largest cannabis companies in the United States, yet make about the same wage as an Amazon worker,” said Patrick Vinson, who is a patient care specialist at Curaleaf Mokena. “Our CEO buys a $14 million dollar mansion in Florida, while denying his workers a living wage. This industry is new and growing and I believe it is important for us to protect the workers, the backbone of this industry, by unionizing our workplaces.”
“I can say from the bottom of my heart that I believe every dispensary, cultivation site, and processing facility should be unionizing for proper wage increases and benefits as this industry continues to boom,” Vinson added. “Today, my coworkers and I from Curaleaf Mokena came together to make sure we have just as much of a voice about our workplace as the shareholders do. Union strong!”
“Nearly a year into legalization, cannabis workers across Illinois are starting to see the underbelly of working in the industry,” said UFCW Local 881 President Steve Powell. “Dispensary workers report low wages, lack of benefits, significant scheduling issues, favoritism, and union-busting. Although the cannabis products and environment seem progressive and cutting edge, the cannabis industry business methods are direct from the old school big corporation playbook, doing all they can to make a buck, while squeezing their employees. The cannabis industry needs to be held accountable for how they treat their workers, and the best way to do that is for cannabis workers to join Local 881!”


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Yesterday, we had reported that Jim Henson’s Labyrinth is getting a sequel for the big screen, and today his production team has made another big announcement that their masterpiece “The Dark Crystal” from the 80’s is getting a Netflix series.
They have not revealed any release date yet, but the shooting is going to start this fall in the United Kingdom. This show will have 10 episodes, and all the concept work will be done by the artist Brian Froud, who carried out the conceptual artwork for the original 1982 Dark Crystal movie.
The name of the show is Dark Crystal: Age Of Resistance, and it is a prequel to the 1982 movie. We have already seen that Jim Henson’s company dominates the puppetry market single-handedly, their knowledge in the art of puppetry is unmatchable at this point. Netflix’s executives are extremely optimistic and excited to land this show under the Netflix Originals banner. Here’s what Cindy Holland, VP Original Content at Netflix says about the show
“The Dark Crystal: Age of Resistance will combine the art of puppetry perfected by the Jim Henson Company, with Louis’ vision, powerful storytelling and a mix of cutting-edge digital imagery and visual effects, I can’t wait for families around the world to see how we bring these unique characters to life.”
Jim Henson’s company is creating the all the diverse and detailed creature puppets for this movie with their passion, and why wouldn’t they? Their beloved work from 80’s is getting another welcome to this world.
Here’s what Lisa Henson, the CEO of Jim Henson’s company & Daughter of Jim says about this project:-
“Louis Leterrier is passionate about the world of The Dark Crystal and has an incredible creative vision for the series. He brings this passion to every facet of the production as he leads the talented team of artists and writers that are bringing this entire universe to life. Netflix has a deep respect for my father’s original work and the many people it inspired. They are the perfect partners to create this next epic chapter in The Dark Crystal story for new fans and the loyal fans who have waited so long for more adventures from this world.”
Netflix has released a short teaser about this show, and in this short video, you can see Jim Henson’s company artists sharing their views, passions, and difficulties about this upcoming magnum opus. Here’s the teaser:-


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A report from Chinese media claims that Huawei will release a new flagship phone with the pill shape cutout and it will be the upcoming Huawei Mate 60 series. The pill shape is mentioned as “Similar to iPhone 15 series”.
It’s exciting news because there will be a showdown between these two smartphones later this year in China. But we don’t have an official confirmation on this matter.
The report further adds that the company will use a 3D ToF deep-sensing camera on the front. The pill composition could be similar to Huawei Mate 40 Pro but with new technologies and it’s moved to the middle of the screen. Also, there may be some cutout down in the occupied screen to make it look precise.
Compared to this, Huawei Mate 50 Pro was launched with a wide notch on the head. The design was quite interesting. Meanwhile, the rear side of the phone remains a mystery for us, and lens specifications remains unknown as well.
Also, the Huawei Mate 60 series will be the first flagship phone to deliver the HarmonyOS 4.0 operating system out of the box.
Just to reveal, Huawei previously tested pill shape display cutouts on Huawei P60 series and Nova 11 series smartphones. However, Huawei chose to unveil them without applying the testing phase changes (in terms of display).
So, we can’t take the current news as official until we have something concrete from Huawei. However, there’s still a lot to witness because this phone is booked to unveil around October or November launch window.


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The Rolls-Royce Phantom is going electric. You'd think that a big, heavy Rolls-Royce would be the last car to be a candidate for electric power. Well, given how many announcements we've made in the last year for electric vehicles, maybe it is. Rolls will show the 102EX, a one-off, fully electric powered Phantom, at the Geneva Motor Show on March 1.
"We have engineered the world's first battery electric vehicle for the ultra-luxury segment," said CEO Torsten Müller-Ötvös, speaking from the company's headquarters in Goodwood. Unlike other cars, Rolls-Royces are so heavy already that adding hundreds of extra pounds for batteries probably won't matter much to performance. But the car conceivably won't be able to travel far on electric power alone. Rolls plans to send the concept 102EX around the world to gauge customer interest. Rolls will even let customers get behind the wheel. Rolls, for now, is specific: There are no plans to develop a production version.
by Chris Woodyard USA Today February 20, 2011
Now even Rolls-Royce is going electric - Drive On: A conversation about the cars and trucks we drive - USATODAY.com


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All Chromebooks new in 2017 will support Android apps out of the box. An update will not be required. Owners will be able to take the Chromebook home, open it up and immediately access the Google Play Store. The news comes from a single line of text on Google’s list of Chromebooks compatible with Android apps. “All Chromebooks launching in 2017 and after as well as the… Read More
An Oppo spokesperson has confirmed the company plans to enter the U.K. market. Oppo recently ...


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As it turns out, the big thing discussed was the impact on the web being more driven by social marketing as opposed to interactive marketing. What’s the difference? According to Bill Flitter, Vice President, Marketing, of Pheedo, interactive marketing is “tell us what you think of what we tell you” while social marketing (or social media) is “tell each other“. Basically, it’s an evolution of the web from being a sell to customers to being rebranded as a medium for customers to find customers — thus becoming more like a middleman in a company’s sales process.
As stated in the article, for Marc Schiller, CEO of Electric Artists, the answer is clear. “What has changed since the Internet bubble in 2000? It became a lot more social.” Today, marketers should focus less on connecting with customers, and more on connecting customers with other customers.
Soliciting feedback from others, blogging about changes, and taking advantage of the enormous social opportunity presented on the Internet are all parts of the growing popularity that people are seeing in marketing online.


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Village Capital has partnered makers organisation Creativity Group to hold its second African hardware accelerator programme in Accra, Ghana, which will see two startups awarded US$50,000 each.
Disrupt Africa reported in August Village Capital and Gearbox, along with partners the Lemelson Foundation, the DOEN Foundation, SGII, and VC4Africa, had announced their first hardware focused accelerator programme, to be held in Nairobi, Kenya. 10 startups have since been selected to join the programme.
Village Capital has now partnered Ghanaian hackers and makers organisation Creativity Group to launch a second hardware accelerator programme in Accra, providing cutting-edge training for 10 early stage hardware inventors.
The programme – which is taking place currently – brings together entrepreneurs, investors, policymakers, and stakeholders side-by-side, to discuss and find solutions to challenges faced by under-served communities in Africa.
Two startups will be selected by their peers to secure US$50,000 each at the end of the accelerator. Village Capital recently explained to Disrupt Africa why peer-selection is the best model for investing.
The post Village Capital takes hardware accelerator to Ghana appeared first on Disrupt Africa.
from Disrupt Africa http://ift.tt/1TJctSQ


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A new flea in town
Flea market lovers rejoice! Trawwna’s getting a new market. The Portobello Eastmarket will feature the wares of local artists and designers on the last Sunday of every month, starting this Sunday (July 26th) from 12 to 6 p.m. at the Fermenting Cellar in the Distillery District. Admission is $5 (children 12 and under get in free).
Inspired by the famous European and English markets, the monthly event will provide a low-cost venue for local artists and designers to show and sell their goods directly to the public. It's the brainchild of Carlie Smith and Tom Parkinson, who in 2006 launched a similar concept in Vancouver. While the main focus right now will be fashion and jewelry, the market will also feature housewares and accessories, such as the gorgeous pottery pieces made by Pam McFayden of Lurearts Pottery (shown above).